According to the passage, one could browse for hours and hours at Strand bookstore and just when you would have put a book "longingly but firmly" away, Mr. Shanbagh (probably the owner) would 'magically' appear at your side with 'a special price'. The author fondly recalls the joy he felt when he walked down the book-lined pavements at Fountain and recalls that this is where "one could watch the odd go by". Both, the Strand bookstore as well as the pavements at Fountain are recalled fondly by the author.